Decibel Cannabis Stock Buy Hold or Sell Recommendation
| DBCCF Stock | USD 0.04 0.0002 0.44% |
Assuming the 90 days horizon and your complete indifference towards market risk, our recommendation regarding Decibel Cannabis is 'Cautious Hold'. Macroaxis provides Decibel Cannabis buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DBCCF positions.
Check out Decibel Cannabis Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Decibel and provide practical buy, sell, or hold advice based on investors' constraints. Decibel Cannabis. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Decibel |
Execute Decibel Cannabis Buy or Sell Advice
The Decibel recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Decibel Cannabis. Macroaxis does not own or have any residual interests in Decibel Cannabis or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Decibel Cannabis' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Decibel Cannabis Trading Alerts and Improvement Suggestions
| Decibel Cannabis generated a negative expected return over the last 90 days | |
| Decibel Cannabis has high historical volatility and very poor performance | |
| Decibel Cannabis has some characteristics of a very speculative penny stock | |
| Decibel Cannabis has high likelihood to experience some financial distress in the next 2 years | |
| Decibel Cannabis has accumulated about 3.13 M in cash with (17.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Decibel Cannabis Returns Distribution Density
The distribution of Decibel Cannabis' historical returns is an attempt to chart the uncertainty of Decibel Cannabis' future price movements. The chart of the probability distribution of Decibel Cannabis daily returns describes the distribution of returns around its average expected value. We use Decibel Cannabis price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Decibel Cannabis returns is essential to provide solid investment advice for Decibel Cannabis.
| Mean Return | 0.21 | Value At Risk | -12.41 | Potential Upside | 12.76 | Standard Deviation | 7.75 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Decibel Cannabis historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Decibel Cannabis Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Decibel Cannabis or Healthcare sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Decibel Cannabis' price will be affected by overall otc stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Decibel otc's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.32 | |
β | Beta against Dow Jones | -0.95 | |
σ | Overall volatility | 7.71 | |
Ir | Information ratio | 0.01 |
Decibel Cannabis Volatility Alert
Decibel Cannabis is displaying above-average volatility over the selected time horizon. Decibel Cannabis is a penny stock. Although Decibel Cannabis may be in fact a good investment, many penny otc stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Decibel Cannabis. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Decibel instrument if you perfectly time your entry and exit. However, remember that penny otcs that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Decibel Cannabis Fundamentals Vs Peers
Comparing Decibel Cannabis' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Decibel Cannabis' direct or indirect competition across all of the common fundamentals between Decibel Cannabis and the related equities. This way, we can detect undervalued stocks with similar characteristics as Decibel Cannabis or determine the otc stocks which would be an excellent addition to an existing portfolio. Peer analysis of Decibel Cannabis' fundamental indicators could also be used in its relative valuation, which is a method of valuing Decibel Cannabis by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Decibel Cannabis to competition |
| Fundamentals | Decibel Cannabis | Peer Average |
| Return On Equity | -0.0133 | -0.31 |
| Return On Asset | 0.0212 | -0.14 |
| Profit Margin | (0.01) % | (1.27) % |
| Operating Margin | 0.07 % | (5.51) % |
| Current Valuation | 59.18 M | 16.62 B |
| Shares Outstanding | 404 M | 571.82 M |
| Shares Owned By Insiders | 2.46 % | 10.09 % |
| Shares Owned By Institutions | 0.28 % | 39.21 % |
| Price To Book | 0.71 X | 9.51 X |
| Price To Sales | 0.42 X | 11.42 X |
| Revenue | 52.45 M | 9.43 B |
| Gross Profit | 28.17 M | 27.38 B |
| EBITDA | 9.45 M | 3.9 B |
| Net Income | 1.74 M | 570.98 M |
| Cash And Equivalents | 3.13 M | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 24.06 M | 5.32 B |
| Debt To Equity | 1.06 % | 48.70 % |
| Current Ratio | 1.36 X | 2.16 X |
| Book Value Per Share | 0.12 X | 1.93 K |
| Cash Flow From Operations | (17.15 M) | 971.22 M |
| Number Of Employees | 7 | 18.84 K |
| Beta | 1.29 | -0.15 |
| Market Capitalization | 53.21 M | 19.03 B |
| Total Asset | 125.93 M | 29.47 B |
| Z Score | 1.2 | 8.72 |
| Net Asset | 125.93 M |
Decibel Cannabis Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Decibel . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.0962 | |||
| Daily Balance Of Power | (0.04) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.0446 | |||
| Day Typical Price | 0.0446 | |||
| Market Facilitation Index | 0.0045 | |||
| Price Action Indicator | 1.0E-4 | |||
| Period Momentum Indicator | (0.0002) |
About Decibel Cannabis Buy or Sell Advice
When is the right time to buy or sell Decibel Cannabis? Buying financial instruments such as Decibel OTC Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Decibel OTC Stock
Decibel Cannabis financial ratios help investors to determine whether Decibel OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Decibel with respect to the benefits of owning Decibel Cannabis security.